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Analysts Have Conflicting Sentiments on These Industrial Goods Companies: Beacon Roofing Supply (BECN), Agco (AGCO) and Astronics (ATRO)

Analysts have been eager to weigh in on the Industrial Goods sector with new ratings on Beacon Roofing Supply (BECNResearch Report), Agco (AGCOResearch Report) and Astronics (ATROResearch Report).

Beacon Roofing Supply (BECN)

In a report released yesterday, Keith Hughes from Truist Financial maintained a Hold rating on Beacon Roofing Supply, with a price target of $95.00. The company’s shares closed last Wednesday at $92.28.

According to TipRanks.com, Hughes is a top 100 analyst with an average return of 23.7% and a 68.1% success rate. Hughes covers the Industrial Goods sector, focusing on stocks such as Fortune Brands Innovations, SiteOne Landscape Supply, and Builders Firstsource.

Currently, the analyst consensus on Beacon Roofing Supply is a Strong Buy with an average price target of $115.89.

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Agco (AGCO)

In a report released yesterday, Jamie Cook from Truist Financial maintained a Buy rating on Agco, with a price target of $137.00. The company’s shares closed last Wednesday at $113.93.

According to TipRanks.com, Cook is a 5-star analyst with an average return of 12.3% and a 64.1% success rate. Cook covers the Industrial Goods sector, focusing on stocks such as Illinois Tool Works, Jacobs Solutions, and Aecom Technology.

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Agco with a $138.56 average price target, a 19.0% upside from current levels. In a report issued on May 3, Oppenheimer also maintained a Buy rating on the stock with a $145.00 price target.

Astronics (ATRO)

In a report released yesterday, Michael Ciarmoli from Truist Financial maintained a Hold rating on Astronics, with a price target of $19.00. The company’s shares closed last Wednesday at $18.27.

According to TipRanks.com, Ciarmoli is a 5-star analyst with an average return of 14.0% and a 64.6% success rate. Ciarmoli covers the Industrial Goods sector, focusing on stocks such as Virgin Galactic Holdings, Air Transport Services, and L3Harris Technologies.

Currently, the analyst consensus on Astronics is a Hold with an average price target of $19.00.

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